Economic Security in Times of Crisis: A Legal Framework for Sustainable Financial Resilience

Résumé

In an increasingly interconnected global economy, the vulnerability of financial systems to crises—ranging from economic recessions to pandemics—highlights the need for robust legal frameworks that promote sustainable financial resilience. This paper examines the interplay between economic security and legal structures, proposing a comprehensive approach to enhance resilience in times of crisis. It begins by analyzing the fundamental concepts of economic security and the regulatory landscape, identifying gaps in current frameworks that may exacerbate vulnerabilities during crises. The discussion incorporates case studies illustrating successful legal interventions and their impact on financial stability, drawing lessons from diverse jurisdictions. Furthermore, the paper advocates for the integration of sustainability principles into legal frameworks, emphasizing the importance of environmental, social, and governance (ESG) factors in fostering long-term economic resilience. By proposing a multi-tiered legal framework, the paper outlines strategies for policymakers to develop regulations that not only respond to immediate threats but also anticipate future challenges. This proactive approach underscores the necessity of collaboration among governmental, private, and civil society actors in building a resilient economic environment. Ultimately, the findings aim to contribute to the discourse on economic security by providing actionable recommendations for legal reforms that prioritize sustainability and resilience, thus ensuring a more stable financial future in the face of crises.